St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-10-08
The COMMERCIAL RECORD.
On sthe Chicago Board Of Trade
the Wheat Scalpers Were
at Work.
No Change Noted in the Closing Prices
Of Yesterday and the Day
Previous.
Transactions in the Financial Circles Of
Wall Street.-The General
Quotations.
Special to The Globe.

CHICAGO, De-. THE story of the market
can be told in few words to day. Wheat
was a local scalping deal. Cables were firm
and no change in quotations was recorded.
New \ orS was steady and fair. Export in
curry was noted. Local sentiment is mixed
The professionals very generally leant toward
the bear side but they are afraid to stand on
heavy lines while stocks are so low and so
closely held They are on the watch for
over selling, and close at the drop OF the hat.
The bulls have no heart The principal
selling WaS for Northwestern account against
possessed wheat in country elevators, and
orders from that source are dis
tributed with ont being coneen-
trated here. as in former times, when
big stocks were guarantee against squeeZeS
and flurrieS. Trade was exceedingly light.
December ranged 72h@73Ac. with most
trading around 73c. May ranged 7SA@I
7SSsc, with the bulk of business below 7Sl3c.
Receipts at primary markets are not eXtrava-
CANT. and Atlantic port elearances are small.
Corn was dull and fluctuations within 1sc
range. November sold at 42Ss@42s4e, and
May at 45SS6140a4c. a moderate shipping
inquiry is noted, and very light speculative
business WAS done. Cables were strong, both
London and Liverpool quoting an advance.
Estimated receipts, 100 cars. Oats quiet and
tuations within the narrowest possible
limits. October ribs are held firmly,
in order to influence eonsumptive
trade. The market was put up to $3.50
shortly before the end of the morning SEES
sion. Nothing Is being done in this month,
however. Quotations are little more than
nominal. At the afternoon session wheat
was a shade easier. corn and oats steady and
provisions unchanged: $50 p. m. prices
Wheat 7Il2c November; 727sc December,
TS$sc May. Corn 42l2c October November
424e, December I0l2c. Oats 26c October,
26l4c November, 297se May. Pork SD year,
S12.21I2 January. Lard, S6.47l2 October,
$6.37I2 November, $3.50 December, $3.50
January, $500 May. Short ribs. S6.45 De-
tober. S6.25 January.
THE ROUTINE REPORT.
Trading on change to-day almost wholly of
scalping character. There were many
small buyers of wheat early on the break of
Thursday. ANA after prices went up SIS TO 12c
the realizing began, and prices fell back to
the starting point. Later in the day prices
firmed OH a few good sized local orders but
the aggregate OF business was comparatively
insignificant. The figures showed an adj
vance Of ls6e14c for nearby options over yes
terday. May was unchanged. December
opened at 72Tsc sold TO 73l4c. to 727sc, to
I3lsc closing at 72f8@73c; May opened at
1Sl4c, sold to 1850 and after much fiuctua-
tons closed at 1SSsc. The corn market was
dull and undressing. The closing prices
were identical with those of yesterday for
all futures. There was at one time during
the session an advance of about 4e, but it
was soon lost. November sold from 423Sc to
42asG142S4c and closed at 42l2c; May sold
from 45SSc TO 45s4c and closed at 45l2c.
There was a scarcity of spot room. and but
one small charter was reported Oats were
reported with no changes of any note in val
ues- In provisions traders manifested little
nv raT 4 TO hTar,
condition of affairs existed throughout. The
day was devoid of special feature and
he changes experienced in prices were
limited to October. Short ribs were advanced
ON last nights closing sc; October lard 2l4c.
November, December and January lard de-
clined 2l2c and January short ribs the same
JanIIary pork was unchanged, selling at
SD. 27le@ l2.30 and closing at Sl2.27l2 for
January. Lard sold at So 35@6.311a and
short ribs at S6.2006.22Ia, resting in both
instances at the lowest prices bid. October
short ribs sold at s. .40G17.50 and closed at
$50. The final quotation for October lard
made at S6.l5.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-NO. October opened at 69asc, clos
Ing at IOlsc; November, 11SSc, closing at
11l2e; December, 727Se, closing at 727sc; May,
1S14c, closing at 7Sssc. Cer1l-No. 2, Oeto-
Der, 42$sc, closing at 424c; November,
1850, closing at 42lac; December, 42lsc,
IL
Oats-No. >, October, 26c, closing at 26c;
November, Dose, closing at 26l4c; May,
297se, closing at 297sc. Mess Pork. per Dbl
Year, SD; January. $3.50, closing ut
SEPT Lard per 100 lbs-October, So 45,
closing at S6.47l2; November, S6.27Ia, clos
ing at S6.27la; December. $3.50, closing
at $3.50; January, 6.37I2, closing at
S6.33. short ribs, per 100 lbs
October, S7.42I2, closing at S747la;
January, $500, closing at So 20.
Cash quotations were as follows: Flour in
fair request, prices firm and unchanged.
Wheat-No. 2spring. 69s4@70c; No. 3 spring,
66l2c; No. red, 72asc. Corn-No. 3, 42I2c
bid. 0ats-No. =, 26c. Rye-No. 2, 49c.
Barley-No. >, 6i@65c. Flax seed-No. l,
S1.05; prime timothy seed, S2.26@2 81.
Mess pork per Dbl, S14.5o lard. per 100 lbs,
$3.50: short rib sides Qoose), So 80; dry
sailed shoulders boxed, s.. 20@5. 25; short
clear sides (boxe6. S7.75@7. so. Whisky
Distillers' finished goods per gallon, SI.1O.
Sugar-Cut loaf, 65s616s4c; granulated 6I4c
asked; Standard IA 57sc asked. Receipts
Flour. 81 900 bbls: wheat, 81 600 blu; corn,
26S, 900 bu: oats, 243, 600 bu; rye, z, 200 bu
barley, 300 bu. Shipments-Flour, 1000
bbls; wheat, $4,000 bu: corn, 423, 600 blu;
oats. 10000 bu; rye, 5000 bu; barley, 99,-
900 blu. On the produce exchange to-day
the butter market was firm and more active
creamery, 1sl2926c; dairy, 16I26S22e. Eggs
firm: fresh Northern, 17@1Se.